Norcod As Working Capital to Net Assets Ratio
Norcod As working capital to net assets ratio. Norcod As (NCOD) has a Working Capital to Net Assets ratio of -0.3% as of June 2025. Working capital of Nkr-690.00K (current assets of Nkr216.12 Million minus current liabilities of Nkr216.81 Million) is measured against net assets of Nkr211.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Norcod As (2018–2024)
Working capital to net assets ratio of Norcod As from 2018 to 2024. This chart shows how Norcod As's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at -0.3%, reflecting working capital of Nkr-690.00K against net assets of Nkr211.41 Million NOK. See Norcod As defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Norcod As Working Capital to Net Assets Ratio by Year (2018–2024)
Norcod As working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Norcod As from 2018 to 2024, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is Norcod As's balance sheet.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -36.4% | Nkr-56.80 Million | Nkr156.09 Million | Nkr332.91 Million | Nkr389.71 Million | ▼ -49.2 pp |
| 2023 | 12.8% | Nkr28.75 Million | Nkr224.81 Million | Nkr345.27 Million | Nkr316.52 Million | ▲ +34.8 pp |
| 2022 | -22.0% | Nkr-38.92 Million | Nkr176.68 Million | Nkr265.31 Million | Nkr304.23 Million | ▼ -82.0 pp |
| 2021 | 60.0% | Nkr204.47 Million | Nkr341.05 Million | Nkr319.55 Million | Nkr115.08 Million | ▼ -43.4 pp |
| 2020 | 103.4% | Nkr385.89 Million | Nkr373.32 Million | Nkr393.33 Million | Nkr7.44 Million | ▲ +18.3 pp |
| 2019 | 85.1% | Nkr25.50 Million | Nkr29.97 Million | Nkr30.98 Million | Nkr5.47 Million | ▼ -14.9 pp |
| 2018 | 100.0% | Nkr30.00K | Nkr30.00K | Nkr30.00K | Nkr0.00 | — |